It is finally clear to Orrin Hatch, the U.S. Senator from Utah. He understands now the richest of the rich donate to his campaign. Although the Republican is a sprightly 77, he understands who he should be protecting from taxes, so don't try telling me he's too old and disconnected with his constituents to continue serving in the Senate.
Hatch declared today that "(the poor) need to share some of the responsibility" of paying for the national debt, just before he voted against a motion that would have started debate for a nonbinding resolution that millionaires and billionaires should pay more and play a larger role in decreasing the national debt.
To clarify, Hatch described how a household of four making $80,000 a year, people who aren't exactly poor, would get subsidies to pay for health insurance under "Obamacare." He believes this is an atrocity, a shameless scourging that should be in the interest of no one. I'm sure Hatch has never thought about how much it costs to send two kids to college on just $80,000.
That $80,000 a year is just more than double the cost of sending someone to college, for one year. Just one year. So let's put that into perspective, that's $140,000 over four years, for two kids, that adds up to $280,000. It's possible that maybe these people might need some help paying for some things over those eight years.
The thing is, these people don't just pay for college, they also pay to raise those two kids. According to the USDA, the average cost of raising a child to the age of 18 is $222,360. So let's double that for two kids - $444,720. Okay, now let's at that college tuition - $724,720. Wow. And at $80,000 a year, that doesn't leave much room for luxury, especially because they still need to pay a mortgage or rent, gas and electric bills, car maintenance, the car itself, etc.
The thing is, these people who make only $80,000 still pay taxes, roughly ten thousand dollars worth (check out this cool federal tax estimator). But why raise taxes on those people when you could raise taxes on someone that, say, is worth about $2 to $5 million. Someone like, say, Orrin Hatch.
You make the call, but you may not want Orrin Hatch making it.
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If you're going to misquote someone, you know, take part of what they said and add something in parenthesis for clarification, you might as well have at it, i.e. "(the miserable, bleeding ass, f8cking poor making $79,999.00 or less) need to share some of the (f8cking) responsibility" of paying for the national debt (to include $140m/yr for Michelle Obama's staff-Hey thanks Michelle for doing your part to reduce unemployment)just before he voted against a motion that would have started debate for a nonbinding resolution that millionaires and billionaires should pay more and play a larger role in decreasing the national debt (and then went to the Potomac to drown a litter of kittens in a burlap bag).
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